Missouri Trust & Investment Co Has $125,000 Stock Position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Missouri Trust & Investment Co reduced its stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 10.2% during the 3rd quarter, Holdings Channel reports. The fund owned 2,200 shares of the exchange traded fund’s stock after selling 250 shares during the period. Missouri Trust & Investment Co’s holdings in SPDR S&P Regional Banking ETF were worth $125,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the stock. Clear Point Advisors Inc. bought a new stake in shares of SPDR S&P Regional Banking ETF in the first quarter valued at about $44,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of SPDR S&P Regional Banking ETF in the second quarter valued at approximately $50,000. Future Financial Wealth Managment LLC acquired a new stake in SPDR S&P Regional Banking ETF during the third quarter worth approximately $58,000. Family Firm Inc. acquired a new stake in SPDR S&P Regional Banking ETF during the second quarter worth approximately $60,000. Finally, Bristlecone Advisors LLC bought a new position in SPDR S&P Regional Banking ETF during the 3rd quarter worth $68,000.

SPDR S&P Regional Banking ETF Stock Down 0.0 %

Shares of NYSEARCA:KRE traded down $0.03 during trading on Tuesday, reaching $66.96. 3,599,025 shares of the company traded hands, compared to its average volume of 14,487,511. SPDR S&P Regional Banking ETF has a 52 week low of $40.76 and a 52 week high of $67.79. The firm has a market capitalization of $3.58 billion, a PE ratio of 8.36 and a beta of 1.56. The company’s 50 day moving average is $57.81 and its two-hundred day moving average is $53.64.

About SPDR S&P Regional Banking ETF

SPDR KBW Regional Banking ETF, formerly SPDR S&P Regional Banking ETF, seeks to closely match the returns and characteristics of the S&P Regional Banks Select Industry Index. Its approach is designed to provide portfolios with low portfolio turnover, tracking, and lower costs. As of October 27, 2011, the Company’s holding included Privatebancorp Inc, Webster Finl Corp Conn, Umpqua Hldgs Corp, Firstmerit Corp, East West Bancorp Inc, Fifth Third Bancorp, Fnb Corp Pa, Susquehanna Bancshares Inc and Keycorp New and First Rep Bk San Fran Cali.